Homework answers / question archive / 1)Define aerospace industry, and describe the role of both the AIA and the GAMA

1)Define aerospace industry, and describe the role of both the AIA and the GAMA

Economics

Share With

1)Define aerospace industry, and describe the role of both the AIA and the GAMA.  The industry is a vital factor in four particular areas of the U.S. economy. What are they?

2. List and briefly describe the major factors affecting commercial transport sales. How does the cyclical nature of civil aviation affect aircraft manufacturing?

3. What are some of the factors that led to the decline in general aviation aircraft sales? Why have the corporate and commuter segments of the general aviation industry done so much better than the personal-use segment? What is the outlook for helicopter sales?